Message from @johnfrum

Discord ID: 358085197641678851


2017-09-15 02:50:50 UTC  

https://cdn.discordapp.com/attachments/248100475054850050/358082205769007105/unknown.png

2017-09-15 02:51:18 UTC  

off-chain bitcoin is scary

2017-09-15 02:51:30 UTC  

it's also less secure

2017-09-15 02:52:52 UTC  

```Just the circumstantial evidence, they are building a banking layer on top of bitcoin. And demand to use it is expected to be enhanced by limiting on chain transactions.
```

2017-09-15 02:54:12 UTC  

Ah, understand now. So is this going to actually gain traction or will people against LN be ignored as normies go for the less secure but slightly easier option backed by a large company?

2017-09-15 02:54:49 UTC  

crypto normies and staunch anti-Cashers/pro-Core folks will defend LN viciously

2017-09-15 02:55:11 UTC  

I used to be pro segwit and anti cash but now im seeing this and it is scary

2017-09-15 02:55:29 UTC  

segwit is good but what it helps make possible is not

2017-09-15 02:55:49 UTC  

I fear that we will venture into an ERC-20 ecosystem and a Segwit/LN-ecosystem

2017-09-15 02:55:59 UTC  

qtum pls moon

2017-09-15 02:56:48 UTC  
2017-09-15 02:56:52 UTC  

big money, do you want their dick in your Bitcoin Core/

2017-09-15 02:58:01 UTC  

I honestly see less reason to trust Qtum than BtC

2017-09-15 02:59:41 UTC  

yeah qtum is funded by big gook money

2017-09-15 02:59:48 UTC  

i just dont like Ethereum

2017-09-15 02:59:56 UTC  

because of Vitalik and how retarded he is

2017-09-15 03:00:07 UTC  

also his platform sucks ass

2017-09-15 03:00:52 UTC  

non-existient scaling, another hardfork incoming (casper), high fees for moving tokens, not a store of value -- has a high value

2017-09-15 03:00:58 UTC  

censorship

2017-09-15 03:01:09 UTC  

mutibility

2017-09-15 03:02:44 UTC  

Wonder if there is going to be another platform like early bitcoin.

2017-09-15 03:02:58 UTC  

He'll, I wonder if people would even use it, fucking normies, I swear

2017-09-15 03:03:47 UTC  

bitcoin is literally unusable

2017-09-15 03:04:43 UTC  

once we get into working decentralized exchanges and shit like 0x or even LN Atomic Swaps we can start seeing real world usage

2017-09-15 03:05:08 UTC  

"Oh, I accept ARK payments"

2017-09-15 03:05:19 UTC  

"ok, let me swap my Bitbean for Ark"

2017-09-15 03:05:40 UTC  

this is the timeline where bitbean surpasses bitcoin

2017-09-15 03:06:52 UTC  

Meh, real world application is too insecure, you involve physical interaction and something will get lost because you need to make it at least kind of normies friendly

2017-09-15 03:07:35 UTC  

Always saw it as a stash for online goods and maybe investment

2017-09-15 03:07:54 UTC  

fiat cash will always be easier

2017-09-15 03:08:17 UTC  

people use apple pay

2017-09-15 03:08:20 UTC  

it could work the same

2017-09-15 03:08:27 UTC  

just with QR code instead of NFC

2017-09-15 03:08:27 UTC  

True, hence why I don't see why you would try to make crypto more like fiat

2017-09-15 03:08:42 UTC  

it doesnt have to be like fiat

2017-09-15 03:08:53 UTC  

i never said that

2017-09-15 03:09:56 UTC  

I meant more as a general way to pay for everyday things.

2017-09-15 03:10:27 UTC  

Just seems like a hassle doing it FtF

2017-09-15 03:10:54 UTC  

I dont think so

2017-09-15 03:11:07 UTC  

what issues could you encounter

2017-09-15 03:11:31 UTC  

lets say its a well designed wallet for a coin with less than 5sec txns